C2C Gold Corporation Inc.

C2C Gold Corporation Inc.

March 10, 2010 17:45 ET

C2C Confirms Consolidation of its Share Capital and Change of its Name for Key Gold Holding Inc.

QUEBEC CITY, QUEBEC--(Marketwire - March 10, 2010) - C2C Gold Corporation Inc. ("C2C" or the "Company")(TSX VENTURE:CCN) announces that it will implement the consolidation of its share capital on the basis of 10 common shares for one common share. As announced on February 19, 2010, this operation was previously approved by the Company's shareholders at the Special General Meeting held on February 11, 2010 (the "Meeting"). This consolidation was also approved by the TSX Venture Exchange. The consolidation of the Company's share capital will take effect on the exchange at the market opening on Thursday, March 11, 2010. C2C's stock symbol will change from CCN to KGH and the number of common shares outstanding will decrease from 103,404,344 to 10,340,434 common shares.

A Management Proxy Circular and a Letter of Transmittal sent to the Company's shareholders gave additional details pertaining to the consolidation of the share capital and the procedure for the exchange of the certificates representing pre-consolidation common shares for new certificates representing post-consolidation common shares.

Change of Name

In connection with the consolidation of the share capital, the Company also announces that it changed its name for "Key Gold Holding Inc." and its French version "Holding Clé d'Or inc. ". This change was also approved by C2C's shareholders at the Meeting and by the regulatory authorities.

About Key Gold Holding Inc.

Key Gold Holding Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose mission, among others, is to invest in small-scale gold production projects and to provide expertise in financial and mining engineering with the objective of maximizing return on investments and shareholders' value.

Forward-Looking Statements

This document contains certain forward-looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performances or expectations implied by these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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